£168,388
This estimated value is based upon the latest sale price for the house of £135,000 on 17 May 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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116 North Street, Romford, RM1 1DL
Phone: 01708573629
Price Paid | Date |
---|---|
£135,000 | 17 May 2018 |
£130,500 | 22 Dec 2009 |
£130,000 | 3 Mar 2006 |
£127,500 | 27 Jan 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 39 sq meters or 420 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in May 2018 the House Price Index for GREATER LONDON was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £135,000 results in an estimated price of approximately £168,388.
17 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.6 | 24.732 % | £135,000 | £33,388 | £168,388 |
The Postcode Pricing Model uses changes in average sales price within the RM7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 52.640 % | £71,064 | £206,064 |
3 Month Average | 15.339 % | £20,707 | £155,707 |
6 Month Average | 11.459 % | £15,469 | £150,469 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Feb 2023 | £209,859 | £210,000 | 2 QUEENSIDE COURT MAWNEY ROAD |
23 Jan 2023 | £205,034 | £206,000 | 3 QUEENSIDE COURT MAWNEY ROAD |
20 Jan 2023 | £582,257 | £585,000 | 134 MILDMAY ROAD |
7 Jul 2022 | £123,332 | £123,000 | FLAT 25 FERNLEIGH COURT, 95 MAWNEY ROAD |
24 May 2022 | £112,112 | £110,000 | FLAT 29 FERNLEIGH COURT |
This house has a floor area of 39 sq meters or 420 sq feet when measured on 13 May 2009. Using an estimated price of £168,388 means this house is valued at £4,306 per sq meter (£400 per sq foot).
The average size of a house on MAWNEY ROAD is 89 sq meters (959 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Vine Street |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Vine Street |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Barkwood Close |